Ethiopia wins big at the Permanent Court of Arbitration against Israel based fertiliser giant
Israel Chemicals filed the lawsuit seeking USD 178 million in compensations, but the court ruled in Ethiopia’s favour.
Israel Chemicals filed the lawsuit seeking USD 178 million in compensations, but the court ruled in Ethiopia’s favour.
Protests in the region in 2018 had led to the shut down of the Lega Dembi Mine but now plans are being made to resume operations.
Ethiopia's revenues from gold were only 27 million USD two years ago; the nation has brought in more than 303 million USD in the last 5 monthts alone.